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Sinopec sets vertical depth record for shale gas well in China

China Petroleum & Chemical Corporation (Sinopec) has announced a major shale gas exploration breakthrough of its Project Deep Earth – Sichuan and Chongqing Natural Gas Base. The vertical depth of the well reaches over 5,300 m […]

Perenco discovers more gas in Onyx well, offshore Trinidad

Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore […]

Fuel cells for faster fuelling and falling emissions

*Hydrogen Fuel Cell Electric Vehicle. Lagos — Fuel-cell electric vehicles (FCEVs) offer a new opportunity for the transport sector to significantly reduce emissions, with only water vapor being produced as a result of their operation. […]

Africa urged to end billion-dollar gas flaring

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State. Paris, France — In a continent striving for energy access and industrial […]

McDermott advances Scarborough EPCIC with successful FPU floatover

McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy. The contract, awarded in 2021, followed the successful delivery of front-end […]

Eni starts production from Merakes East gas field, offshore Indonesia

Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMscfd of […]

Tullow Oil finalizes terms to sell Gabon assets in $300 million deal

*Tullow Oil personnel on an oil platform. Lagos — Tullow Oil has formally signed an agreement with Gabon Oil Company to sell 100% of its working interests in Gabon for total cash consideration of $300 […]

Norway oil workers reach wage deal

The new contract raises annual pay for oil and gas workers by at least 35,000 Norwegian crowns ($3,353), the unions said. The wage talks covered in total about 7,400 union members, employed by such companies […]

Petrobras approves $2.1 billion in shareholder dividends despite lower oil prices

(Bloomberg) – Brazil’s state-controlled oil producer Petrobras approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices. Petrobras will pay $2.1 billion USD (11.72 billion […]

Ghana’s President urges investors to speed up crude oil extraction

(Bloomberg) – Ghana is encouraging investors to get the country’s crude out of the ground to avoid the assets from getting stranded amid a global decarbonization push. The government is ready to roll […]